French Foreign minister Jean-Yves Le Drian attends a bilateral conversation ahead of the G7 summit at Weissenhaus Grand Village Resort in Wangels, Germany. Getty Images
French Foreign minister Jean-Yves Le Drian attends a bilateral conversation ahead of the G7 summit at Weissenhaus Grand Village Resort in Wangels, Germany. Getty Images
French Foreign minister Jean-Yves Le Drian attends a bilateral conversation ahead of the G7 summit at Weissenhaus Grand Village Resort in Wangels, Germany. Getty Images
French Foreign minister Jean-Yves Le Drian attends a bilateral conversation ahead of the G7 summit at Weissenhaus Grand Village Resort in Wangels, Germany. Getty Images

French envoy Jean-Yves Le Drian lands in Lebanon while presidential deadlock persists


Nada Homsi
  • English
  • Arabic

French envoy Jean-Yves Le Drian arrived in Lebanon on Tuesday to meet Lebanese officials as part of an continuing attempt to inject life into the country’s deadlocked Presidential elections.

The two-day trip is the ex-foreign minister's second such visit. A French embassy statement on Monday said it was an attempt to facilitate and mediate between parties “with the aim of creating favourable conditions” towards reaching a consensus on Lebanon’s next president.

“This step is essential for the revival of the political institutions that Lebanon urgently needs to embark on the path of recovery,” the statement said.

In Lebanon, presidents are elected through backdoor negotiations between political parties, with opposing sides attempting to garner enough parliamentary support for either a two-thirds majority vote in the first round or a simple majority in the second.

France is one of the countries in the so-called Quintet Committee, in which representatives of five countries – France, Egypt, Qatar, Saudi Arabia, and the US – have come together for talks with the aim of expediting the election of a Lebanese president.

A statement issued by the five-nation group after the last meeting in Doha threatened “measures” against Lebanese parties deemed as “blocking progress” towards electing a president – a veiled reference to the powerful Iran-backed Hezbollah group and its allies, which is unwavering in its nomination of Marada Movement leader Suleiman Frangieh.

I think the main visit of this purpose is to show that France is still committed to promoting inter-Lebanese dialogue and that Le Drian has not given up
Karim Bitar,
the Institute for International and Strategic Affairs in Paris

“I think the main visit of this purpose is to show that France is still committed to promoting inter-Lebanese dialogue and that Le Drian has not given up,” said Karim Bitar, an associate research fellow at the Institute for International and Strategic Affairs in Paris, noting that the French envoy’s visit is largely exploratory.

And that "even though it is proving to be complicated, France is still committed to trying to bring together the Arab states that are concerned about Lebanon”.

Ultimately, however, “I don’t think this visit by Le Drian will bring the end of the presidential deadlock”.

A source within the Lebanese Forces, which leads the anti-Hezbollah parliamentary block, hailed Mr Le Drian's attempts.

“At least [the French] are showing concern over the Lebanese interests – it’s more than Lebanese parties and MPs are showing,” he told The National.

“We thank him very much for leaving his country to come to help us with something we should be able to do ourselves,” the anonymous source added.

Mr Le Drian previously said that the solution to Lebanon’s leadership vacuum “must come first from the Lebanese".

Although France is no stranger to being involved in Lebanese politics, the task of leading parties towards a presidential consensus is no easy feat.

Lebanon’s deeply divided parliament has failed to elect a president for nearly nine months, despite twelve different attempts to do so. All 12 sessions have ended in a loss of quorum following the first round of voting.

How will France’s efforts be received?

According to Mr Bitar, Le Drian will at best "advance negotiation to explore alternative names”.

But Mr Le Drian has not yet suggested names for nomination or consensus. His first trip to Lebanon in June was largely reserved for meetings with political parties and getting a lay of the land.

Mr Bitar expects Lebanon’s presidential stalemate to last until at least the autumn.

The parliamentary block consisting of Hezbollah and its allies have staunchly backed Marada leader Suleiman Frangieh.

Despite the five-country initiative to close in on a consensus and Mr Le Drian’s visit, the powerful Iran-backed Hezbollah group and its ally the Amal Movement have shown no signs of shifting on their nomination of Mr Frangieh.

But the bloc simply does not have the Christian backing required to elect Mr Frangieh into office, with its main Christian ally, the Free Patriotic Movement FPM, straying towards the opposition.

The FPM has joined the largest parliamentary block, led by the Lebanese Forces, in backing ex-finance minister Jihad Azour.

“The FPM is hedging bets, trying to work with both sides,” Mr Bitar said. “They’re trying not to part ways with Hezbollah but they would like to maximise the prize they would get if they ultimately decide to support Suleiman Frangieh.”

While both parliamentary blocs blame their respective rivals for the presidential impasse, “Le Drian’s visit is intended to maintain the pressure on the local Lebanese establishment and keep the momentum going,” Mr Bitar added.

The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Small%20Things%20Like%20These
%3Cp%3EDirector%3A%20Tim%20Mielants%3Cbr%3ECast%3A%20Cillian%20Murphy%2C%20Emily%20Watson%2C%20Eileen%20Walsh%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
Updated: July 25, 2023, 5:47 PM